PayPal has introduced Cryptocurrencies Hub, a feature that allows users to hold and interact with Bitcoin and other cryptocurrencies in their PayPal account. The service will enable the sale and purchase of cryptocurrencies and facilitate payments for purchases via PayPal using money stored after the sale of cryptocurrencies. The Cryptocurrencies Hub will also be crucial for converting between PayPal USD (PYUSD) and other crypto assets. However, not all PayPal users will have access to the new feature, as the company will decide its availability on a person-to-person basis.